The birth of the Hong Kong Island family

After returning to Hong Kong, Lin Ruicheng came to Shouson Hill Villa in the name of visiting his son.

This villa was given to him by his father. Now he allows Kuang Meiyun and his three children to live in it, while he himself moved to a bungalow on the top of the mountain. At this point, he loves his children completely and would rather move to a place where they are less likely to live.

After Lin Ruicheng and Kuang Meiyun broke up, they still maintained a harmonious relationship in front of their children.

Today was no exception. After communicating with his sons for a while, Lin Ruicheng asked the servant to take the children to play.

"Meiyun, can we go up and have a chat alone?" Lin Ruicheng looked at Kuang Meiyun and said sincerely.

Although Kuang Meiyun is known as the "poorest Asian sister", she has a distinctive and independent personality and a very smart mind.

She nodded. She had no resentment towards the man who was looking for 'Little 3'. After all, her first true love was Lin Ruicheng, and secondly, her children also liked her father.

After walking upstairs, the two sat on the sofa in the living room.

Lin Ruicheng took out a bank card and said, "There is 50 million Hong Kong dollars in it, take it!"

Kuang Meiyun was surprised, and then said: "What do I need your money for? Now my three children and I receive living expenses from the family office, which is 24 million Hong Kong dollars every year. I have saved a lot of money!"

When she learned that she and her children could be members of the Lin Family Office, she was naturally very happy. After all, the three children could have this status, and they would be able to legitimately join the Lin Company in the future, and they would not be reduced to "illegitimate children" '.

She can not care about herself, but she cannot care about her three children. As Lin Ruicheng's only three children, she is certainly not willing to be excluded from the family business in the future.

When Kuang Meiyun learned that members of the Lin family had 500,000 yuan to spend on living expenses every month, he realized for the first time how wealthy the Lin family was. There are more than 40 members of the Lin family, and their annual expenses are as high as more than 200 million Hong Kong dollars.

Lin Ruicheng said: "I want you to use this money to invest in some properties and take advantage of the current low prices. In the future, you can invest in properties or learn the jewelry industry. This way you will not be too bored and you can earn some money of your own." money."

Kuang Meiyun couldn't help but show off her temper and said, "Now you care about me. Don't you only have three children in your eyes every time we meet?"

When Lin Ruicheng saw this, he immediately leaned over, put his arms around the familiar waist, and said, "Meiyun, you are so beautiful today!" After saying that, he pressed her against her.

Soon, just as Lin Zhichao expected, Kuang Meiyun could 'get back together' with Lin Ruicheng at any time.

The two of them had sex upstairs, this time with the same intensity as when they were passionately in love.

Afterwards, Kuang Meiyun lay in Lin Ruicheng's arms and said, "Did that person break up?"

Lin Ruicheng looked at Kuang Meiyun, who was full of tears, and finally said domineeringly: "Not yet! But I will never break up with you!"

Kuang Meiyun pinched Lin Ruicheng and said, "You still want to really imitate your father? Do you have what it takes?"

Lin Ruicheng grabbed Kuang Meiyun and said, "Of course I don't have what he has, but I just want you to be by my side forever and raise three children with me!"

Kuang Meiyun suddenly became silent. Without Mr. Lin Zhichao and Ms. Tang Caiying, she would not want to live this kind of life. She could let Lin Ruicheng get along with her children at any time, but it would be really difficult for her to share a man with another woman.

But now she has changed her mind. She wants to wait for this man to 'change his mind' so that she can stabilize her family for her three sons.

"I won't talk nonsense in the media anymore!" Finally, Kuang Meiyun lowered her head and said.

Lin Ruicheng was overjoyed. Kuang Meiyun's words were a yes!

Victoria Harbor Centre.

In the conference room of the family office, Wu Wenying, Lin Zhichao, their two wives, five sons, and several advisers whom Lin Zhichao trusted very much, including Lin Benfeng, President of Hengfeng Bank, Charles Fleming and Charlie Wilson of the family office, and Charlie ·Wilson, Barrister Li Yeguang, etc.

Everyone gathered together to discuss the inheritance of the Lin family.

Lin Zhichao said: "Do you think there is any problem with this trust plan? You are all my friends and partners for many years. You are here today not only as a witness, but also as a reminder to us to see if there are any shortcomings!"

There are five trust plans in total:

Cheung Kong Group’s ‘Trust Plan’: 41% of the equity held by Lin Zhichao will be included in the ‘Lin Zhichao Lin Ruihuan and Sons Trust Fund’; the remaining 21% of the equity held by him will be included in the ‘Lin Zhichao Foundation’. In this trust fund, Lin Zhichao and Lin Ruihuan each hold 50% of the shares, and Lin Ruihuan's four children are the beneficiaries of this trust.

The Wharf Group’s ‘Trust Plan’ also has the same terms.

As for the Media Group, Universal Group, and Yangtze River Industrial Group, 100% of their equity is included in the "Father and Son Trust Fund", and the other situations are similar.

After completing this step, Lin Zhichao has actually completed the "handover plan" of the five group companies. Of course, Audrey Hepburn's house is also gradually completing the transfer of wealth.

The difference is that there is no inheritance tax in Hong Kong, while the inheritance tax in the United States is very heavy (but not as heavy as that of future generations)!

Therefore, after completing this step, Lin Zhichao's only assets in his personal hands are: Victoria Harbor Investment, Lin Family Office (enjoying absolute rights), and Octopus Financial Group. Of course, the assets of these three companies are still very rich. Among these three companies, the family office is actually a kind of "heritage". After the reorganization of Octopus Financial Group, the main shareholders are Victoria Harbor Investment 30%, the family office 20%, and the five sons individually hold 10%.

In addition to the wealth of the Lin family, Lin Zhichao's seven sons also own their own investment companies. Most of the funds come from corporate dividends, and the scale is not small.

Li Yeguang said seriously: "Using family trusts to allow blood heirs to enjoy property income in the form of trust beneficiaries can ensure that control rights will not be lost due to family division. Lin Sheng's step is very right. In addition, the five young masters have already participated in various projects. Enterprises can make a smooth transition from the grassroots to the top, even to the president. You only need to give them guidance, and the enterprise can be passed on smoothly."

He is Lin Zhichao's "Queen's Lawyer". Of course, Lin Zhichao can't afford him alone, so he is not a full-time lawyer. What's more, Li Yeguang is already a director of the Stock Exchange and will soon take up the post of Chairman of the Stock Exchange. It is impossible for Lin Zhichao to be replaced by him. 'Private Contracting'.

Of course, the two have a close relationship. Li Yeguang is the director of all the companies owned by Lin Zhichao, and Li Yeguang will be involved in anything.

Next, everyone spoke one after another, and they all recognized Lin Zhichao's succession plan.

Lin Benfeng also said: "When wealth is passed on through a family trust, descendants only enjoy the right to income and cannot divide ownership. This ensures the integrity of the family wealth. Secondly, it is easier to achieve fairness by distributing income through the rules set by the family trust. Finally, ensuring fair distribution Later, family trusts can protect the businesses that their children are good at. The Lin family is different from other families. Lin Sheng has built several large-scale group companies, and each of his children happens to work in one of the group companies, avoiding the problem of Despite conflicts and quarrels, everyone also very much approves of this trust plan."

His five nephews nodded in approval, and they also knew that among all the 'outsiders', this uncle was the one his father trusted the most. My uncle is the president of Octopus Financial Group and CEO of Hengfeng Bank, my aunt is the president and vice president of hotel management of Shangri-La Hotels Group, and a director of Cheung Kong Group (holding 1.25% of Cheung Kong shares and 8% of Shangri-La Hotels Group).

Seeing that everyone agreed, Lin Zhichao said: "Okay, next spring, I will announce this plan to complete the first wealth inheritance of the Lin family."

It is very simple to determine the current hundreds of billions of wealth. As for why it is said to be the first wealth inheritance, this is because Lin Zhichao still has the wealth from Victoria Harbor Investment, which has not been distributed.

As for:

In Uniqlo, the eldest daughter who is currently married holds 25% of the shares, the Lin Family Office holds 50%, and Victoria Harbor Investment holds 25%.

Shangri-La Hotel Group, the married woman holds 25% of the shares, her sister holds 8%, Victoria Harbor Investment holds 50%, and the Lin Family Office holds 17%.

So in fact, Lin Zhichao only has more than 40 billion US dollars of wealth invested in Victoria Harbor, and has no idea of ​​​​passing it on. Of course, Lin Zhichao must have left a will - seven sons share it, which is similar to a family office.

In fact, Lin Zhichao seemed to have distributed the wealth, but in fact he kept a hand.

He still holds half of the shares in all the 'Father and Son Trust Funds'. Only after his death will this half of the equity be transferred to his son.

But there is a possibility that the seven sons will not survive him. Of course, Lin Zhichao will definitely participate in the plan to cultivate the third generation.

However, the 'Father and Son Trust Fund' can never be divided, so the third generation of 'power holders' can only serve as managers of the company and have no right to divide the equity.

Villa No. 4 on Island Road in Repulse Bay welcomed the hostess Li Jiaxin and invited three of her seniors to come and support her.

This was the second time that the combination of Zhao Yazhi, Lin Qingxia, Guan Jiahui, and Li Jiaxin met. However, Li Jiaxin had an arrogant personality and was somewhat unable to fit into this circle, but nothing happened.

Why did Lin Zhichao live in the villa here instead of Li Jiaming and Wu Guofang? It was because Li Jiaming was not Lin Zhichao's lover at all. She was at best Li Jiaxin's accessory. He even hoped that Li Jiaxin would get along with Zhao Yazhi, Lin Qingxia, and Guan Jiahui.

Of course, it seems that Li Jiaxin prefers the villa in Kowloon Tong at present.

In the living room, Li Jiaxin looked at Lin Qingxia and Zhao Yazhi, and then asked curiously: "You look ten years younger. Is it true that giving birth will not hurt your health?"

She cares most about her beauty and thinks it is the best magic weapon to keep Lin Zhichao's heart. Although she is willing to give birth to Lin Zhichao's child, she is also worried that giving birth too early will affect her appearance, so she is more entangled.

Lin Qingxia immediately raised her eyebrows and said with a heroic aura: "Ask my sister to talk about it later!"

Zhao Yazhi nodded gently, but also revealed a meaning.

Li Jiaxin immediately retorted: "We are not real wives, why should we distinguish between big and small!"

She may be well-behaved in front of Lin Zhichao, but that doesn't mean she doesn't have the temper she had in her previous life.

Guan Jiahui on the side immediately joined in the fun: "First come, first served, do you understand? Haven't you even learned how to be a lover?"

Good guy, Guan Jiahui finally found a match. Lin Zhichao forgot that she also has the gene of "little Taimei", and she would never have the chance to be a Taimei in this life.

Seeing that she was besieged by three seniors, Li Jiaxin immediately looked to Lin Zhichao for help. Lin Zhichao pretended to drink tea and didn't notice.

Zhao, Lin and Guan were taming women for him, how could he not understand?

Seeing this, Li Jiaxin turned around and said, "You are older than me, so I should call you sister, sister Yazhi, sister Qingxia, sister Jiahui, is that okay?"

Although he is submissive, he has a cold and arrogant temper.

Zhao Yazhi acted as a peacemaker and said with a smile: "You have been with Brother Chao for so long, don't you know that Brother Chao has a magical power that can make women more beautiful! So, being with Brother Chao makes you happy. , we also age slowly, and even giving birth to children will not affect a woman’s appearance. So, you can consider it. If you give birth early, it will not have any impact, but it will have many benefits!"

She was telling the truth. Zhao Yazhi's eldest son Lin Gaoyuan is now 14 years old, and his second son Lin Gaocheng is also 11 years old. These two sons can give her a lot of comfort.

Li Jiaxin immediately believed it to be true. Brother Chao really had a kind of magical power. Her grandmother was very proud of him under his nurturing. And after my sister followed Brother Chao, she actually became more beautiful!

(In fact, as long as a woman has money, her temperament will change dramatically, just like Gumby in her previous life; of course, Lin Zhichao’s beauty-resident Holy Spirit still has a certain effect.)

After a lot of "noisy" efforts, everyone actually got on a much better relationship.

November.

In the office of Changshi Group, Lin Zhichao listened to Lin Ruihuan's work report.

"Currently, Dongtian Investment and Development has sold 75% of its assets and has withdrawn 11 billion U.S. dollars. After repaying debts, there is still a cash flow of 8 billion U.S. dollars, and Changshi Group has received 3.2 billion U.S. dollars. The remaining funds from Dongtian Investment and Development 25% of the assets are mainly concentrated in the equity of Raffles City Plaza that has been built in Laisan."

Lin Zhichao immediately said: "Get rid of the remaining equity of the three Raffles City Plazas and sell the remaining assets!"

The equity of three Raffles City Plazas held by Dongtian Investment Development was sold to more than 20 financial institutions including Japanese banks and insurance companies by Lin Zhichao in the middle of the year. There is still a little equity left in the hand for long-term investment. After all, the management rights are still in the hands of Dongtian Investment and Development.

In fact, a total of 7 Raffles City Plazas have been planned, but the remaining 4 are still commercial sites, and they have no plans to develop them. They simply sold the commercial sites as soon as possible this year.

Equivalently, at the peak of Dongtian Investment's development, the asset value was US$15 billion and the net assets were US$12 billion, a return rate of 12 times. This is the combined effect of leveraged investment, yen appreciation, and real estate appreciation.

Lin Ruihuan nodded and said: "Well, currently Cheung Kong Group has a cash flow of more than 28 billion Hong Kong dollars. I plan to invest in high-quality listed companies in Hong Kong in the next few years and conduct a Securities investment. At the same time, this plan will also contribute to our Cheung Kong Group’s leading position in Hong Kong business!”

In February this year, Cheung Kong Group purchased 8.2% of the equity of Kwong Sang Bank. This investment can be regarded as a "return" for the effectiveness of To Huilian and Liang Botao; this is because when Peregrine purchased Kwong Sang Bank, Lin Zhichao fully supported the two consultants.

Taking this as an opportunity, Lin Ruihuan proposed this 'Business Leader Plan', which was a very good decision.

Lin Zhichao said: "I support your decision and will discuss it with the directors later. This is a change in our investment strategy, which is to invest in listed and unlisted companies in Hong Kong."

Lin Ruihuan said: "Okay!"

Compared with his third brother Lin Ruihai, Lin Ruihuan's investment style is more conservative. He made this decision because of the large amount of cash flow from Japan.

Then, Lin Ruihuan said: "All financial investments in London have been emptied, with a total profit of 3.05 billion U.S. dollars; of which 2 billion U.S. dollars have been injected into the Canary Wharf project, and the remaining 1.05 billion U.S. dollars have not been planned for the time being. At the same time, Canary Wharf The Que Wharf project has cost US$1.8 billion, including US$600 million in loans.”

The entire Canary Wharf project has a budget of US$7 billion. After completion, it will have a property area of ​​16 million square feet (22 commercial office buildings and related supporting facilities). With the second phase of the project, it is expected that it will only cost US$3 billion to increase the area by 800 square feet. ~10 million square feet of property area. This is because the first phase of the project includes investment in many public facilities, especially the transportation part.

"The development of Canaryma Group is good. We have at least 45% of the financing. Even if we do not invest in the future, bank loans can support it until the subway is opened."

"Ok, I see!"

Lin Ruihuan knew that his father also felt that once Thatcher stepped down, the subway situation would be in turmoil, and they would have to fight a protracted war.

Of course, Lin Zhichao is not willing to sit still and wait for death. If the subway is delayed in making a decision on such a large unfinished project, no fool will understand that the British government will lose the face of their country; secondly, Lin Zhichao can also use the Canary Wharf Group to make other investments. , for example, follow international institutions such as Soros, rob the pound and drink some soup; for example, invest in Vodafone, a future telecommunications giant; in short, the first phase of the project will take about 10 to 12 years to complete, and an investment of 7 billion US dollars is completely enough to make a profit to; of course, make full use of the loan.

Finally, Lin Zhichao said: "At present, Cheung Kong Group has sufficient cash flow. There is no rush to get all the Japanese funds back. We will look at the exchange rate next year. Next, Cheung Kong Infrastructure will go to the mainland to invest in some infrastructure projects. And, I will Looking for some overseas investment projects”

Although he is 'retired', he has not actually retired. For example, if he is optimistic about any project, he can just ask his subordinates to inspect it and then do it.

He now feels that investing in some power plants, highways, bridges, etc. in the Mainland will, firstly, help the Mainland's economic development. Secondly, the return rate on such infrastructure investment will not be less than 10% every year, which is still very good.

As for overseas investment projects, Lin Zhichao also needs to slowly investigate and analyze them before he can confirm them.

"OK"

Lin Ruihuan is also very cautious about overseas investments. After all, he has learned from Jardine's mistakes. Now that a large amount of cash flow suddenly poured out, he immediately thought of investing in listed and unlisted companies in Hong Kong.

In fact, Cheung Kong Group has invested a lot overseas, including the Vancouver World Expo site project in Canada, real estate projects in Singapore, real estate projects in the UK, real estate projects in Japan, and other small projects. A single transaction, such as two Hilton hotels in Canada, commercial properties in Los Angeles and New York, etc., may be worth tens of millions or hundreds of millions of Hong Kong dollars, which is not worth mentioning.

Of course, those worth mentioning are projects worth billions of Hong Kong dollars!